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Velos Residence

What people actually paid in Velos Residence: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

104 sales are on record at the Dubai Land Department, below.

Buying off-plan

Sam McCone

Sam McCone

Managing Partner

Buying in Velos Residence? Our team can walk you through what these numbers mean for you.

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Community
Motor City
Nearest metro
InsuranceMarket Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
First on record
2025 — an off-plan sale
Sales on record
104 — registered at the Dubai Land Department, the latest October 2026
Off-plan share
100% — 104 bought off-plan from the developer, 0 resales of a completed home

Recorded rents and gross yield for Velos Residence →

Living in Motor City — the area guide →

What a mortgage on a home in Velos Residence costs a month — and the cash you need on the day →

Median sale price
AED 1.22M
88 sales · the last 12 months
Mean AED 1.20M
Median per sq ft
AED 2,044
+5.4% on the year before
Mean AED 2,043
Against Motor City
2 of 32
Community median AED 1,737 / sq ft
Activity, 90 days
No sales
below the five-sale floor to rank

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
Studio361 sqft828,188838,6132,25843
1 B/R703 sqft1,290,8531,300,8771,83149
2 B/R1,047 sqft2,092,2772,111,8282,04412

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in Velos Residence

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
2 Oct 20261 B/R7021,292,7001,841
29 Sept 20262 B/R1,0472,069,0001,976
17 Sept 20261 B/R7031,279,0001,819
17 Sept 20261 B/R7061,200,0001,701
8 Sept 2026Studio357791,0102,213
8 Sept 20261 B/R7021,222,0001,740
8 Sept 20261 B/R6691,137,0001,699
2 Sept 20261 B/R7031,238,4741,763
20 Aug 20262 B/R1,0472,105,7772,011
12 Aug 2026Studio361832,0002,306
22 May 20261 B/R6711,349,9762,011
20 May 20261 B/R7021,249,0501,779

In context

Where it sits in Motor City

Velos Residence is the 2nd most expensive of the 32 Motor City buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
1Sobha Solis Tower D802,110
2Velos Residence882,044
3Sobha Solis Tower B1802,015
4Sobha Solis Tower C1412,015
5Sobha Orbis Tower C302,010

Motor City as a whole: AED 1,737 a square foot across 3,686 sales in the last twelve months.

Where the market is moving

The busiest buildings in Motor City

Velos Residence sold 0 completed homes in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Motor City.

RankBuildingSales, 90 daysAgainst its usual pace
1Rabdan Building170.2×
2Oia Residence110.7×
3Abbey Crescent 291.8×
4Eden Apartments50.1×
5Shakespeare Circus 151.7×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Motor City, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 Oct 2026.

Nearby

What else to look at in Motor City

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Sobha Solis Tower D30520252,105
Sobha Solis Tower B60520252,010
Sobha Solis Tower C49620252,010
Sobha Orbis Tower D23720251,980
Sobha Solis Tower A73520251,960
Binghatti Skyterracesnewest81020261,794
Sierra by Imannewest53520251,680

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Buying in Velos Residence? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.

Questions about Velos Residence? Our team is a message away.

Sam McCone

Sam McCone

Buying off-plan